Ramy El-Batrawi is an American businessman, entrepreneur, and philanthropist. A dealmaker, Ramy El-Batrawi is the Owner and Managing Member of X, LLC, and an effective negotiator, known for his expertise in structuring winning transactions.
He is the author of the new book CAN YOU REALLY THINK AND GROW RICH the true story of his adventure from homeless to billionaire. JOIN US MONDAY (special day and time) Dec 6, 8aPST 10aCST 11aEST on the Los Angeles Tribune TV network.
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More about Ramy: Ramy left home at 12 for Florida and lived homeless. By 17 he was a millionaire. By 23 a multi-millionaire and he became a billionaire in his 30s following the principles of Think and Grow Rich. That’s why we are going to talk about it!
He structured $18B in equity and debt financing to support a bid for Vivendi Universal; aligned high-net-worth individuals consisting of Marvin Davis, Texas Pacific Group, Apax, Alen & Co, Carlyle Group, Bain Capital, Blackstone, and other private equity firms for a total equity of $10B and secured debt financing of $8B from JP Morgan, Fleet Bank and Deutsche Bank.
Ramy, acquired Global Leisure Travel the parent company of several travel-rated organizations producing $220M in annual gross sales, and held full-scope accountability for staffing, P&L, sales management, marketing, compliance and eventual sale to Carl Icahn.
He successfully negotiated with The Yucaipa Companies, LLC (holding company) on behalf of Piccadilly Restaurant Investment Group, LLC to acquire the assets and ongoing operations of Piccadilly Cafeterias, Inc. pursuant to Section 363 of the Bankruptcy Code.
He formed Era Aviation Investment Group, LLC to negotiate and win a bid for Era Aviation Inc., who operates the largest regional airline in Alaska. Ramy Sourced and purchased Aloha Airlines pursuant to a Plan of Reorganization through Aloha Aviation Investment Group, LLC for a substantial equity investment with The Yucaipa Companies, LLC.
Sourced and negotiated the purchase of NeWays International for $700M. He demonstrated well-developed leadership expertise as Chief Executive Officer, Director and Chairman of the Board of GenesisIntermedia Inc. Steered company to initial public offering in 1999 with total market cap reaching as high as $450M.
You want more? He strategically partnered with renowned businessman, Adnan Khashoggi, in facilitating and negotiating significant transactions between major global industrial companies and international governments.
Most recently In 2016 El-Batrawi formed YayYo, Inc. a holding company which lists amongst its assets Rideshare Rentals, a leading provider of rental cars for Uber/Lyft drivers. YayYo, Inc. went public on Nasdaq on 11/15/2019 trading under the symbol (YAYO). El-Batrawi also launched PDQ Pickup, an on-demand pickup and delivery service, on 9/2019.
Between the 2019-2021 pandemic years, El-Batrawi sold his stake in YayYo, Inc. and launched EV Mobility a platform dedicated to providing electric vehicles as amenities in upscale hotels, luxury apartments and commercial buildings. Through his production company Extraordinary Life Entertainment, LLC , he produced “The 27 Show”, a musical review in residence at the Virgin Hotel in Las Vegas.
What more do you need to understand Ramy walks his talk and he wants to help you!
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